NYC Budget: Talks in ‘holding pattern’ as June 30 deadline looms, Speaker Adams says

City Council Speaker Adrienne Adams said Thursday that negotiations over the nearly due city budget are in a “holding pattern” — co-opting Mayor Eric Adams’ frequent description of the spending plan as a plane he will land.

The speaker’s comments indicated that negotiations over the city budget are at a stalemate with a little over a week before the mayor and City Council must agree on a Fiscal Year 2025 spending plan, which is due by a June 30 deadline.